2025-04-04 02:15:47 pm | Source: Motilal Oswal Financial Services Ltd
Buy Anand Rathi Wealth Ltd For Target Rs. 1,900 by Motilal Oswal Financial Services Ltd
* MF AUM to be impacted by negative MTM, resulting in tepid sequential growth in AUM.
* Distribution income expected to remain largely stable sequentially.
* Cost-to-income ratio is expected to rise in 4QFY25, with a decline in revenue and elevated costs.
* RM addition and productivity improvement will be the key growth drivers.
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